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Results tagged “deutschebank”
Trump Sued Over Tower

Trump Sued Over Tower

Things are getting rough for Donald Trump as the lead lender on his tower going up downtown has filed suit, seeking to collect $40 million in guarantees Trump made about the building. The suit was filed Friday by Deutsche Bank Trust Co. Americas, claiming Trump has defaulted on the $640 million loan when he didn't pay off the remaining $334.2 million to the bank and other lenders by November 7. Trump has previously filed suit against the lenders in which he "asked a judge to uphold a so-called force majeure clause in the loan agreement, which permits an extension due to an extraordinary event — in this case, the global financial crisis, according to the complaint." more ›

Elsewhere in the Ist-a-verse

Elsewhere in the Ist-a-verse

With unseasonable weather descending upon much of North America, schools getting ready to reconvene, and sports seasons getting exciting, it's a busy time of year for us here in the Ist-A-Verse. Luckily, even with all the things we have to do, we still managed to get together to let you know what we've all been up to. After cooling down from a hot weekend of many badass Sunset Junction Street Fair photo dispatches, LAist asked... more ›

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